Author Archives: vizpathak

http://niryatbandhu.iift.ac.in/exim/

Check IE code/BIN Status For Non EDI Locations To facilitate trade and to avoid separate registration of importers and exporters at various custom houses under the Indian Customs EDI system, Customs & DGFT have established connectivity. To track the status of IE code registration, please click the following IE code registrations from the various officesContinue reading “Check IE code/BIN Status”

FIEO’s Forthcoming Events Domestic AT KANJIKODE-PALAKKAD – Awareness Session on International Trade, Export Promotion Schemes, Foreign Exchange Management etc.. under Niryat Bandhu Scheme – 16th May 2019 FIEO/KER/ORP/2019-20/03                                                      Continue reading “FIEO’s Forthcoming Events Domestic AT KANJIKODE-PALAKKAD – Awareness Session on International Trade, Export Promotion Schemes, Foreign Exchange Management etc.. under Niryat Bandhu Scheme – 16th May 2019”

http://www.cybex.in/indian-custom-duty/  This is one of the important articles in export and import trade –What are the documents required for Import clearance? One of frequently asked questions is ‘documents required for import clearance’ Unlike other articles, I can not provide a ‘capsule’ solution on this article about documents required for import customs clearance. I will explainContinue reading “Documents required for import customs clearance in India and import duties calculation”

With the expansion of the Internet, many businesses have now started to compete on a global scale. Whenever a business starts growing and expanding, entrepreneurs begin striving to become more competitive – either by importing or exporting goods. As these are the basics that make a business successful, here are some of the key benefitsContinue reading “What are the Benefits of Importing and Exporting Products?”

Apply for IEC Number through DGFT Register with the concerned EPC and get the registration cum membership certificate Sampling and procuring orders from international buyers Manufactures good or collect them from other manufacturers as per order Manages quality control through inspection and quality certifications Dispatches goods to port/airport Applies for an insurance cover during transitContinue reading “Steps for successful exporting”

The IEC number is the most important registration required by an exporter/importer. No export or import for commercial purposes shall be made by any person without an IEC number. IEC Code is unique 10 digit code issued by DGFT – Director General of Foreign Trade, Ministry of Commerce, and Government of India to Indian Companies.Continue reading “what is iec number”

An export license is a document issued by the appropriate licensing agency after which an exporter is allowed to transport his product in a foreign market. The license is only issued after a careful review of the facts surrounding the given export transaction. Export license depends on the nature of goods to be transported asContinue reading “Export License”

The right name Words like ‘international’ or ‘overseas’ used in the name of the firm (Example- Vijay International) convey the message that the firm is engaged in the business of import/export. Registration The firm has to be registered under the country’s prevalent law, such as the Company Act of India. The company would be registeredContinue reading “Starting Exports – Important steps”

The Government of India has set up several institutions whose main functions are to help an exporter in his work. It would be advisable for an exporter to acquaint him with these institutions and the nature of help that they can render to him so that he can initially contact them and have a clearContinue reading “Role of Government Agencies”